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J.P. Morgan Maintains Antero Resources(AR.US) With Buy Rating, Raises Target Price to $32

Futu News ·  Oct 3 06:31  · Ratings

J.P. Morgan analyst Arun Jayaram maintains $Antero Resources (AR.US)$ with a buy rating, and adjusts the target price from $30 to $32.

According to TipRanks data, the analyst has a success rate of 53.9% and a total average return of 9.0% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Antero Resources (AR.US)$'s main analysts recently are as follows:

  • Estimates for the integrated oil and exploration and production sector have been adjusted to mirror a decrease in oil price forecasts for the years 2025 and 2026. Despite the recent downturn within the sector, the potential risks and rewards now appear to lean towards a positive outcome as the underlying fundamentals and operational progress of companies remain robust.

  • Despite Antero Resources' outperformance, which was spurred by capital efficiency and robust liquefied petroleum gas pricing, its premium valuation and the projection of below-average free cash flow generation in 2025 and 2026 suggest a less compelling outlook.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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